AFRM Rallies 20%, ADSK Surges, BABA Beats & ULTA Slides After Earnings
Schwab Network · Schwab Network
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Show Notes
Sam Vadas distributes a heavy dose of earnings updates ahead of the long Labor Day weekend. Affirm (AFRM) rallied more than 20% after crediting a "strong uptake" in 0% APR loans for its growth. Analysts swarmed Autodesk (ADSK) with price target hikes after seeing strong growth potential. Alibaba (BABA) added onto tech optimism through its cloud revenue. Sam later turns to the retail front with Ulta Beauty (ULTA) opening just short of a 52-week high before pulling back soon after the bell.
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